Question

What is a logarithm? if your employer asked you to select one of these options: option 1: your salary for the next two months will be $5,000. option 2: 1 penny for the first day; then, he will double your salary every day for the next two months. which would you pick and how much will your salary be at the end of the first month?

Answer 1

Take option 2.
Let n=2^30
Then:
ln n=ln 2^30=30 ln 2
ln n=20.8
n=e^20.8, or 1,073,741,824
1073741824 x.01=$10,737,418.24 due in salary at the end of the first month!!!!!